PENGARUH DEBT EQUITY RATIO, CURRENT RATIO, MATURITY  DAN SIZE TERHADAP BOND RATING (STUDI PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI PERIODE 2012-2017)

This research is aims to analyze the influence of Debt Equity Ratio, Current Ratio, Maturity and Size on Banking Company Bond Ratings on the Indonesia Stock Exchange for the period 2012-2017. The study uses secondary data from the annual financial statements of selected companies downloaded from the official website of the Indonesia Stock Exchange. The sampling technique uses purposive sampling method. The sample in this study consisted of 11 banking companies. Data analysis was performed by testing hypotheses both partially and simultaneously. The analytical method used is binary logistic regression with a significance level of 5% and 10%. Based on the results of the study showed that partially Debt Equity Ratio (DER) variables did not significantly influence Bond Rating, Current Ratio (CR) had a positive and significant effect on Bond Rating, Maturity had no significant effect and Size had a negative and not significant effect on Bond Rating. Simultaneously, a significance value of 0.002 is obtained, because the significance value is smaller than 0.05, then all variables affect the Bond Rating. Based on the results of the study, it is expected to be able to be an evaluation material for banks related to Bond Rating and its relationship with DER, CR, Maturity, and Size so that the bank can do the processing properly.

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PENGARUH TINGKAT SUKU BUNGA, BOND RATING, UKURAN PERUSAHAAN, DEBT TO EQUITY RATIO (DER) TERHADAP YIELD TO MATURITY OBLIGASI KORPORASI DI BEI PERIODE TAHUN 2010-2012.

JWM (Jurnal Wawasan Manajemen) ◽

10.20527/jwm.v6i3.170 ◽

2019 ◽

Vol 6 (3) ◽

pp. 295

Author(s):

Hendaryadi , ◽

Meina Wulansari Yusniar ◽

Abdul Hadi

Keyword(s):

Interest Rate ◽

Interest Rates ◽

Stock Exchange ◽

Corporate Bonds ◽

Market Price ◽

Financial Statements ◽

Company Size ◽

Bond Ratings ◽

Bond Rating ◽

Equity Ratio

This study aimed to analyze the effects of interest rates, bond rating, company size, and debt to equity ratio (DER) of the yield to maturity (YTM) of corporate bonds in Indonesia Stock Exchange. Previous researches showed different results, therefore, it is necessary to re- study by testing the four variables on the yield to maturity.The population in this study was all corporate bonds listed and traded on the Stock Exchange in the period of 2010-2012. There were 324 bonds. Based on the Purposive sampling criteria, 66 bonds were obtained. The research hypothesis was tested by multiple linear regression (multiple regression) and the analysis tools were company's financial statements, market price of the bond, SBI interest rate and bond ratings.The results showed that the variable interest rates and the debt to equity ratio did not significantly affect the yield to maturity of the bonds. Variable bond rating and company size gave significant negative effects ontheyield tomaturity of the bonds.

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Analisis Faktor Keuangan dan Non Keuangan yang Mempengaruhi Prediksi Peringkat Obligasi (Studi empiris pada perusahaan penerbit obligasi yang terdaftar di Bursa Efek Indonesia periode 2012-2014)

AKUNTABEL ◽

10.29264/jakt.v14i1.1347 ◽

2017 ◽

Vol 14 (1) ◽

pp. 69

Author(s):

Putri Sakinah ◽

Ardi Paminto ◽

M. Amin Kadafi

Keyword(s):

Logistic Regression ◽

Regression Analysis ◽

Data Collection ◽

Logistic Regression Analysis ◽

Sampling Method ◽

Stock Exchange ◽

Current Ratio ◽

Bond Ratings ◽

Bond Rating ◽

Equity Ratio

The purpose of this study is to examine the effect of liquidity as measured by Current Ratio (CR), Leverage is measured by Debt to Equity Ratio (DER), guarantee and age of bonds to bond rating listed on the Indonesia Stock Exchange. The research sample used is a bond issuer company listed on the Indonesia Stock Exchange (IDX) period of 2012 to 2014. Data collection research using purposive sampling method. Data obtained by 10 companies in the period 2012 to 2014. This study used logistic regression analysis to analyze the data. The result of this research is the liquidity proxied with Current Ratio (CR) has no significant effect on the rating of bond in Indonesia Stock Exchange. The leverage proxied by the Debt to Equity Ratio significantly influences the rating of bonds on the Indonesia Stock Exchange and the age of the bonds and the guarantee does not significantly affect the rating of bonds in the Indonesia Stock ExchangeKeywords: Bonds, bond ratings, liquidity, leverage, age of bonds, guarantees

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Pengaruh Cash Ratio, Debt to Equity Ratio, dan Return On Assets Terhadap Return Saham dengan Nilai Tukar sebagai Variabel Moderating Pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2014-2018

J-MAS (Jurnal Manajemen dan Sains) ◽

10.33087/jmas.v5i1.149 ◽

2020 ◽

Vol 5 (1) ◽

pp. 57

Author(s):

Yunan Surono ◽

Andrian Hadinata

Keyword(s):

Stock Returns ◽

Stock Exchange ◽

Descriptive Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Return On Assets ◽

Significance Level ◽

Independent Variables ◽

Equity Ratio ◽

The Relationship

The purpose of the research is to analyze the Influence of Cash Ratio, Debt To Equity Ratio and Return On Assets to Stock Return With Exchange Rate as Moderating Variables In Plantation Companies Listed In Indonesia Stock Exchange. This research uses descriptive analysis and statistical analysis methods. data that uses secondary data. This study focuses on the influence of 3 independent variables on the dependent variable by adding moderation variables to determine whether the moderating variable can affect the relationship between the independent variables on the dependent variable. Hypothesis testing in this study uses the F test and t test, with a brief significance level (a) 5%. This data analysis uses SPSS 20 data processing software for Windows. The population of this study is companies engaged in the plantation sector in the Indonesia Stock Exchange period 2014 - 2018, with a purposive sampling technique, obtained 6 companies that have fullfill criteria in this research. The results of this study partially Cash Ratio, Debt to Equity Ratio, and Return On Assets have a significant effect on stock returns, partially Debt to Equity Ratio and Return On Assets have a significant positive effect on stock returns, while Cash Ratio has no significant effect on stock returns. and the value is not able to affect the relationship between independent variable and dependent variable.

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ANALISIS PENGARUH EFISIENSI MODAL KERJA, LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2011 -2014

JEM17: Jurnal Ekonomi Manajemen ◽

10.30996/jem17.v1i1.666 ◽

2016 ◽

Vol 1 (1) ◽

Author(s):

Erwin Dyah A. ◽

Umi Kholifah

Keyword(s):

Consumer Goods ◽

Return On Investment ◽

Stock Exchange ◽

Financial Statements ◽

Working Capital ◽

Current Ratio ◽

Significance Level ◽

Equity Ratio ◽

Capital Efficiency ◽

Level Of Significance

Research on the influence of the efficiency of working capital, liquidity and solvency to profitability on industrial consumer goods intends to analyze effect to working capital efficiency, liquidity and solvency to profitability on industrial consumer goods. The research data acquired of financial statements (secondary) and processed using SPSS 22.0 program. Objects of this research were industrial consumer goods companies listed on the Indonesian Stock Exchange (ISE) in the period 2011 to 2014 with sample of as many as 16 companies. The results of research to point out that : (1) Partially only variable working capital turnover (WCT) and the current ratio (CR) which has a significant influence on the return on investment (ROI) while the variable debt to equity ratio (DER) was not proven significant effect on return on investment (ROI), it is confirmed from the results of t-test showed significance level obtained from variable working capital turnover (WCT) and the current ratio (CR) is smaller than the standard used is 0% and 3,3% from 5% whereas the level of significance of variable debt to equity ratio (DER) is greater than the standard used is 23,7% of 5%. (2) simultaneously, working capital turnover (WCT), current ratio (CR) and debt to equity ratio (DER) on return on investment (ROI) have a positive and significant effect on return on investment (ROI), which is evident from the results of the f-test showed significance level obtained is smaller than the standard used is 0% from 5%. (3) Variable working capital turnover (WCT) has a dominant influence on the return on investment (ROI) with a correlation obtained by 25,71%.Keywords : working capital efficiency (WCT), liquidity (CR), solvency (DER), profitability (ROI), industrial consumer goods companies.

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The Effect of Company Growth, Current Ratio and Leverage Ratio of Dividend Policy in Trade, Services, and Companies Investment That is on The IDX

Journal of Sosial Science ◽

10.46799/jsss.v2i2.109 ◽

2021 ◽

Vol 2 (2) ◽

pp. 144-151

Author(s):

Holfian Daulat Tambun Saribu ◽

Januardin Januardin

Keyword(s):

Dividend Policy ◽

Stock Exchange ◽

Sampling Technique ◽

Regression Equations ◽

Analysis Model ◽

Current Ratio ◽

Significance Level ◽

Leverage Ratio ◽

Equity Ratio ◽

Company Growth

The purpose of this study was to determine the effect of Company Growth, Current Ratio and Leverage Ratio on Dividend Policy in Trade, Services and Investment Companies in the Indonesia Stock Exchange in 2014-2018. The independent variables used in this study are, Company Growth, Current Ratio and Debt Equity Ratio while the dependent variable is dividend policy. The sampling method used was purposive sampling technique. The number of samples obtained was 15 companies. The data used in this research is secondary data. Analysis techniques The analysis model uses multiple linear regression equations. The results show that partially the leverage ratio has a negative effect on dividend policy. The results of this study indicate simultaneously, Company Growth, Current Ratio and Debt Equity Ratio significantly influence dividend policy with a significance level of 0,000. Adjusted Square value shows the results of 12.7% of the dividend policy influenced while the remaining 87.3% is influenced by other variables outside this study.

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Interaksi Debt To Equity Ratio, Current Ratio, Firm Size, Dan Dividend Payout Ratio

Journal of Accounting Science ◽

10.21070/jas.v2i1.1176 ◽

2018 ◽

Vol 2 (1) ◽

pp. 33

Author(s):

Ricky Angga Ariska

Keyword(s):

Linear Regression ◽

Firm Size ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Current Ratio ◽

Dividend Payout ◽

Financial Report ◽

Simultaneous Effect ◽

Equity Ratio

This research aims to know the effect of debt to equity ratio, current ratio, and firm size on the dividend payout ratio in State Owned Enterprises (BUMN). Secondary data is used in this research, while the sampling technique in is purposive. Criteria for samples are BUMN that is listed in Indonnesian Stock Exchange (BEI) in 2012-2014, having profit during 2012-2014, and having complete financial report during 2012-2014. There are five enterprises that meet these criteria. The researcher used doubled linear regression for the analysis. The results showed that debt to equity ratio, current ratio, and firm size have simultaneous effect on dividend payout ratio. The results also shows that only current ratio has partial effect on the dividend payout ratio. Meanwhile, debt on equity ratio and firm size have no partial effect on dividend payout ratio.

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Analisis Faktor-Faktor Yang Mempengaruhi Peringkat Obligasi Pada Perusahaan Keuangan Yang Terdaftar Di BEI Tahun 2012-2014

Jurnal ULTIMA Accounting ◽

10.31937/akuntansi.v8i2.579 ◽

2016 ◽

Vol 8 (2) ◽

pp. 1-23

Author(s):

Dhea Reyssent ◽

Ratnawati Kurnia

Keyword(s):

Cash Flow ◽

Financial Institution ◽

Stock Exchange ◽

Secondary Data ◽

Total Sample ◽

Debt Ratio ◽

Current Ratio ◽

Bond Rating ◽

Equity Ratio ◽

Operating Cash Flow

The goal of this research is to examine the effect of Profitability which proxied by Return on Asset, Leverage which proxied by Debt to Equity Ratio, Cash Flow to Debt Ratio which proxied by Operating Cash Flow to Debt Ratio, Liquidity which proxied by Current Ratio, and Growth which proxied by Market to Book Ratio both partially and simultaneously towards Bond Rating. The objects of this study are financial institution which issuing bonds and rated by PT PEFINDO for 2013-2015, and listed at Indonesia Stock Exchange for the period 2012-2014. Total sample in this research is 20 companies that selected by purposive sampling. The data used in this research is financial statement as secondary data and list of bond rating by PT PEFINDO and analyzed by multiple linear regression. The result of this research indicates that Profitability, Leverage, Cash Flow to Debt Ratio, Liquidity, and Growth simultaneously have a significant effect towards Bond Rating. Liquidity which proxied by Current Ratio had a significant effect to bond rating. Profitability which proxied by Return on Asset, Leverage which proxied by Debt to Equity Ratio and Cash Flow to Debt Ratio which proxied by Operating Cash Flow to Debt Ratio, and Growth which proxied by Market to Book Ratio had no significant effect towards bond rating. Keywords: Bond Rating, Cash Flow to Debt Ratio, Growth, Leverage, Liquidity.

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FAKTOR YANG MEMPENGARUHI PRICE TO BOOK VALUE

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v20i2.414 ◽

2019 ◽

Vol 20 (2) ◽

pp. 101-106

Author(s):

MUWAFICK HIDAYAT

Keyword(s):

Firm Size ◽

Firm Value ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Current Ratio ◽

Dividend Payout ◽

Book Value ◽

Equity Ratio ◽

Asset Growth

The purpose of this research is to empirically test and analyze the influence of dividend payout ratio, current ratio, return on asset, firm size, debt to equity ratio and asset growth. The object of this research is food and beverages companies listed in Indonesia Stock Exchange in 2011-2016 period. The sample consisting of 7 companies, was selected by means of the purposive sampling technique. The research data is secondary data obtained from Indonesia Stock Exchange (IDX). The results of this research showed that current ratio, return on asset, firm size, debt to equity ratio influence the firm value, while dividend payout ratio and asset growth have no influence on firm value.

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Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Profitabilitas ( ROE)

Journal of Economic Bussines and Accounting (COSTING) ◽

10.31539/costing.v4i2.2051 ◽

2021 ◽

Vol 4 (2) ◽

pp. 828-837

Author(s):

Yosi Tiani ◽

Nanu Hasanuh

Keyword(s):

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

Test Results ◽

Manufacturing Companies ◽

Current Ratio ◽

Return On Equity ◽

Independent Variables ◽

Equity Ratio ◽

The Relationship

This study aims to prove and analyze the effect of Current Ratio and Debt to Equity Ratio to Return on Equity in basic industrial and chemical sub-sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018.These are 76 companies listed on the Indonesia Stock Exchange 2016-2018. Of the 76 listed companies, 10 companies were selected using purposive sampling. The data used in this study are secondary data, with how to collect the information needed from idx in the form of financial statements for 2016-2018. The method used to analyze the relationship between independent variables with the dependent variable is multiple regression method, and assumption test. Results of the discussion shows that simultaneously the independent variables: Current Ratio and Debt to Equity Ratio with the F test, jointly affects the Return on Equity. Result partially with the t test, the variable Current Ratio and Debt to Equity Ratio have an effect against Return on Equity. Keywords : ROE, Debt to Equity Ratio, Current Ratio

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ANALYSIS OF THE EFFECT OF FUNDAMENTAL FACTORS AND ITS IMPLICATIONS ON DIVIDEND PAYOUT RATIO

ECONOMICS & ACCOUNTING JOURNAL ◽

10.32493/eaj.v3i1.y2020.p1-9 ◽

2020 ◽

Vol 3 (1) ◽

pp. 1

Author(s):

Sawukir Sawukir

Keyword(s):

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Pharmaceutical Companies ◽

Current Ratio ◽

Dividend Payout ◽

Return On Equity ◽

Regression Methods ◽

Common Effect ◽

Equity Ratio

Fundamental factors have a strong influence on Earning Per Share because fundamental factors indicate the company's financial performance. The purpose of this study was to determine the effect of current ratio (CR), return on equity (ROE) and debt to equity ratio (DER) on earnings per share (EPS) and its implications for the dividend payout ratio (DPR) in pharmaceutical companies in the Malaysian stock exchange period 2012 - 2016 partially and simultaneously.The study was conducted using descriptive statistical methods and panel data regression methods. The sampling technique used was purposive sampling with a sample of 40 samples. The research data is secondary data obtained from www.bursamalaysia.com for the period 2012-2016. Testing the research hypothesis using a common effect model with the e-views version 9 application tool.The results in this study show that the Growth of Current Ratio, Return on Equity, Debt to Equity Ratio, Earning Per Share and Dividend Payout Ratio in pharmaceutical companies fluctuate every year. In Partial Current Ratio there is no significant effect on the variable Earning Per Share. In Partial Return On Equity has a significant effect on Earning Per Share. In real terms Debt to Equity Ratio has no significant effect on Earning Per Share. Simultaneously and together the variables Current Ratio, Return On Equity and Debt To Equity Ratio have a significant effect on Earning Per Share. Partially Earning Per Share has a significant effect on Dividend Payout Ratio.

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